KRONES AG (KRN.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:KRN - DE0006335003 - Common Stock
126 EUR
+0.8 (+0.64%)
We assign a fundamental rating of 6 out of 10 to KRN. KRN was compared to 102 industry peers in the Machinery industry. While KRN has a great profitability rating, there are some minor concerns on its financial health. KRN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year KRN was profitable.
KRN had a positive operating cash flow in the past year.
KRN had positive earnings in 4 of the past 5 years.
In the past 5 years KRN always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 6.01%, KRN is doing good in the industry, outperforming 77.45% of the companies in the same industry.
Looking at the Return On Equity, with a value of 14.28%, KRN is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
KRN's Return On Invested Capital of 11.63% is amongst the best of the industry. KRN outperforms 85.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for KRN is in line with the industry average of 8.41%.
The last Return On Invested Capital (11.63%) for KRN is above the 3 year average (10.37%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.01% | ||
| ROE | 14.28% | ||
| ROIC | 11.63% |
ROA(3y)5.11%
ROA(5y)3.35%
ROE(3y)13.07%
ROE(5y)8.54%
ROIC(3y)10.37%
ROIC(5y)N/A
1.3 Margins
KRN's Profit Margin of 5.24% is fine compared to the rest of the industry. KRN outperforms 64.71% of its industry peers.
In the last couple of years the Profit Margin of KRN has grown nicely.
The Operating Margin of KRN (7.19%) is comparable to the rest of the industry.
KRN's Operating Margin has improved in the last couple of years.
KRN has a Gross Margin of 53.35%. This is in the better half of the industry: KRN outperforms 67.65% of its industry peers.
In the last couple of years the Gross Margin of KRN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.19% | ||
| PM (TTM) | 5.24% | ||
| GM | 53.35% |
OM growth 3Y13.3%
OM growth 5Y31.4%
PM growth 3Y10.38%
PM growth 5Y85.26%
GM growth 3Y0.06%
GM growth 5Y0.84%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KRN is creating some value.
The number of shares outstanding for KRN remains at a similar level compared to 1 year ago.
The number of shares outstanding for KRN remains at a similar level compared to 5 years ago.
The debt/assets ratio for KRN has been reduced compared to a year ago.
2.2 Solvency
KRN has a debt to FCF ratio of 0.01. This is a very positive value and a sign of high solvency as it would only need 0.01 years to pay back of all of its debts.
KRN's Debt to FCF ratio of 0.01 is amongst the best of the industry. KRN outperforms 100.00% of its industry peers.
KRN has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
KRN's Debt to Equity ratio of 0.00 is amongst the best of the industry. KRN outperforms 98.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | N/A |
ROIC/WACC1.61
WACC7.2%
2.3 Liquidity
KRN has a Current Ratio of 1.39. This is a normal value and indicates that KRN is financially healthy and should not expect problems in meeting its short term obligations.
KRN has a Current ratio (1.39) which is in line with its industry peers.
KRN has a Quick Ratio of 1.10. This is a normal value and indicates that KRN is financially healthy and should not expect problems in meeting its short term obligations.
KRN has a Quick ratio (1.10) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
KRN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.35%, which is quite impressive.
Measured over the past years, KRN shows a very strong growth in Earnings Per Share. The EPS has been growing by 96.42% on average per year.
KRN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.15%.
KRN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.98% yearly.
EPS 1Y (TTM)23.35%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%3.37%
Revenue 1Y (TTM)8.15%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%4.72%
3.2 Future
The Earnings Per Share is expected to grow by 9.52% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.28% on average over the next years.
EPS Next Y14.04%
EPS Next 2Y11.94%
EPS Next 3Y12.17%
EPS Next 5Y9.52%
Revenue Next Year7.26%
Revenue Next 2Y6.13%
Revenue Next 3Y6.08%
Revenue Next 5Y6.28%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.37, the valuation of KRN can be described as correct.
77.45% of the companies in the same industry are more expensive than KRN, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.45. KRN is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 11.47 indicates a reasonable valuation of KRN.
KRN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. KRN is cheaper than 71.57% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, KRN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.37 | ||
| Fwd PE | 11.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KRN is valued a bit cheaper than 71.57% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as KRN.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.4 | ||
| EV/EBITDA | 6.23 |
4.3 Compensation for Growth
KRN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
KRN has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as KRN's earnings are expected to grow with 12.17% in the coming years.
PEG (NY)1.02
PEG (5Y)0.15
EPS Next 2Y11.94%
EPS Next 3Y12.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.03%, KRN has a reasonable but not impressive dividend return.
KRN's Dividend Yield is a higher than the industry average which is at 2.49.
KRN's Dividend Yield is comparable with the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
5.2 History
The dividend of KRN has a limited annual growth rate of 5.29%.
Dividend Growth(5Y)5.29%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
28.35% of the earnings are spent on dividend by KRN. This is a low number and sustainable payout ratio.
KRN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.35%
EPS Next 2Y11.94%
EPS Next 3Y12.17%
FRA:KRN (11/21/2025, 7:00:00 PM)
126
+0.8 (+0.64%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners20.04%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.98B
Revenue(TTM)5.53B
Net Income(TTM)289.62M
Analysts81.11
Price Target155.4 (23.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
Yearly Dividend2.2
Dividend Growth(5Y)5.29%
DP28.35%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.98%
Min Revenue beat(2)-4.95%
Max Revenue beat(2)-1.01%
Revenue beat(4)1
Avg Revenue beat(4)-1.56%
Min Revenue beat(4)-4.95%
Max Revenue beat(4)0.64%
Revenue beat(8)3
Avg Revenue beat(8)-1%
Revenue beat(12)5
Avg Revenue beat(12)-0.36%
Revenue beat(16)8
Avg Revenue beat(16)0.22%
PT rev (1m)-0.42%
PT rev (3m)-2.62%
EPS NQ rev (1m)7.6%
EPS NQ rev (3m)7.6%
EPS NY rev (1m)-0.57%
EPS NY rev (3m)-3.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.37 | ||
| Fwd PE | 11.47 | ||
| P/S | 0.72 | ||
| P/FCF | 19.4 | ||
| P/OCF | 10.11 | ||
| P/B | 1.96 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | 6.23 |
EPS(TTM)8.77
EY6.96%
EPS(NY)10.99
Fwd EY8.72%
FCF(TTM)6.49
FCFY5.15%
OCF(TTM)12.47
OCFY9.89%
SpS174.93
BVpS64.21
TBVpS45.3
PEG (NY)1.02
PEG (5Y)0.15
Graham Number112.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.01% | ||
| ROE | 14.28% | ||
| ROCE | 16.04% | ||
| ROIC | 11.63% | ||
| ROICexc | 13.62% | ||
| ROICexgc | 18.98% | ||
| OM | 7.19% | ||
| PM (TTM) | 5.24% | ||
| GM | 53.35% | ||
| FCFM | 3.71% |
ROA(3y)5.11%
ROA(5y)3.35%
ROE(3y)13.07%
ROE(5y)8.54%
ROIC(3y)10.37%
ROIC(5y)N/A
ROICexc(3y)13.79%
ROICexc(5y)N/A
ROICexgc(3y)19.27%
ROICexgc(5y)N/A
ROCE(3y)14.31%
ROCE(5y)N/A
ROICexgc growth 3Y22.07%
ROICexgc growth 5Y40.08%
ROICexc growth 3Y16.88%
ROICexc growth 5Y36.18%
OM growth 3Y13.3%
OM growth 5Y31.4%
PM growth 3Y10.38%
PM growth 5Y85.26%
GM growth 3Y0.06%
GM growth 5Y0.84%
F-Score8
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 105.25% | ||
| Cap/Sales | 3.41% | ||
| Interest Coverage | 112.55 | ||
| Cash Conversion | 68.29% | ||
| Profit Quality | 70.83% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | N/A |
F-Score8
WACC7.2%
ROIC/WACC1.61
Cap/Depr(3y)96.01%
Cap/Depr(5y)83.18%
Cap/Sales(3y)3.22%
Cap/Sales(5y)3.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)23.35%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%3.37%
EPS Next Y14.04%
EPS Next 2Y11.94%
EPS Next 3Y12.17%
EPS Next 5Y9.52%
Revenue 1Y (TTM)8.15%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%4.72%
Revenue Next Year7.26%
Revenue Next 2Y6.13%
Revenue Next 3Y6.08%
Revenue Next 5Y6.28%
EBIT growth 1Y16.48%
EBIT growth 3Y28.43%
EBIT growth 5Y39.26%
EBIT Next Year61.93%
EBIT Next 3Y24.54%
EBIT Next 5Y16.15%
FCF growth 1Y382.21%
FCF growth 3Y3.15%
FCF growth 5YN/A
OCF growth 1Y140.7%
OCF growth 3Y8.72%
OCF growth 5Y35.97%
KRONES AG / KRN.DE FAQ
What is the ChartMill fundamental rating of KRONES AG (KRN.DE) stock?
ChartMill assigns a fundamental rating of 6 / 10 to KRN.DE.
What is the valuation status of KRONES AG (KRN.DE) stock?
ChartMill assigns a valuation rating of 6 / 10 to KRONES AG (KRN.DE). This can be considered as Fairly Valued.
What is the profitability of KRN stock?
KRONES AG (KRN.DE) has a profitability rating of 7 / 10.
How financially healthy is KRONES AG?
The financial health rating of KRONES AG (KRN.DE) is 6 / 10.
Is the dividend of KRONES AG sustainable?
The dividend rating of KRONES AG (KRN.DE) is 6 / 10 and the dividend payout ratio is 28.35%.